A. Bid/no bid decision
A "bid" is what contractors call their proposals, and in some cases it will not be worth it to even submit a proposal on a job. The stage where contractors decide if it is worth it is called bid/no-bid.
False. Your primary motivation for investing is for tax savings. Your motivation for investing money shouldn't solely be a tax break, you should always have a plan. When you invest, you should be thinking of why, in the future, investing was a good idea. Not the current little but of tax break you can get if the money goes in tax free. Always have a plan and a reason for investing your money into something.
nonexpendable type of account would you assign a gift of $1.5 million dollars with restriction indicating that only the future income generated from this balance can be used by the government
An expendable trust is a trust that can expend both capital and income resources for authorized purposes. A non-expendable trust is a trust that stipulates that profits can be expended rather than capital.
Consumables that wear out during use. For example ammunition, paint, fuel, cleaning and preserving materials, bandages, medicines, medical supplies, etc., or anything that loses its identity. B. Spare parts, etc. Also called consumables.
Non-Exportable Assets – Generally, the unit purchase price for assets that retain their original identity while in use is $1,000 or more. and a life expectancy of over two years. (e.g. furniture, pool table, TV)
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Answer:
False
Explanation:
In internal service fund are funds used in governmental accounting to track goods or services shifted between departments on a cost reimbursement basis are not operated on taxes or on financial sources. An example of an internal service fund the maintenance of department that provides equipment maintenance services to other departments and
Governmental funds on the other hand are those funds through which most governmental functions are accounted for. The acquisition, use, and balances of the government's expendable financial resources and the related current liabilities-except those accounted for in proprietary funds-are accounted for through governmental funds (general, special revenue, capital projects, debt service, and permanent funds).
